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Big investors increasing their stake, next week looks promising
Yes Nomad, I don't disagree here. What I actually meant is that there is a possibility of this factors to come true and if/when this happens, then they can drive the sp up.
Indeed there are many catalysts to make it go up in the short, medium and long term, to name a few: short covering stronger pound possible takeover increased consumer confidence after avoidance of brexit rainy summer - people will want to escape cheap oil easing of terrorim fears
It is a troll that cant even spell losing right
The FTSE and the DOW have taken a big plunge in the last half hour, but TCG is refusing to fall further (sp gained over 1p. during the same half hour) This might be a positive sign that there is support here.
I already paid more than 71 to buy some as the fall may be overdone and there is upside potential from here.
Actually your concerns are valid, however as a fan of the share I could not resisting topping up today. My prediction is double bottom from the 7th of Jan today and then we go up. Even if I am wrong, BRBY is not a bad buy now at 1074, given the board's commitment to the progressive divident policy.
Sell posted here 14 Apr. Not regretting selling SBRY of course and my opinion is still Sell to 240 for the same reasons mentioned (though I am not sorting the share). Bought some MRW instead for the same reasons posted before, plus MRW will do business with Amazon (thing of the future) whereas SBRY with Argos (thing of the past). Don't get me wrong though I still Believe SBRY is a well managed and solid company and I would buy some back when (and if) the SP drops to the 230 support area. This is only my opinion, always DYOR and good luck if you are holding.
Well what can I say. I hope you are right 2reincarnated and if the share still exists and goes below 2pounds at the end of the year I might even buy some back as a speculative buy. However at this moment I just feel that there are better shares to trade out there rather than trying to catch RTNs bottom or waiting for it to bounce back.
I take the losses and I'm out of here. The reason is that I have now serious suspicion that some massive accounting scandal might be behind the company, which will go bankrupt and get delisted. So rather than lose everything, better take what is left and move on. Of course I might be totally wrong and it might recover, but my experience tells me that this kind of drop only happens when the company is going to go bust.
I give it only 1% chance to go sub £1 and even if this happens then someone will make an offer to buy the company probably as it will be ridiculously cheap. IMO the bottom is around here - or not far off - who dares wins - GLA